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January 2021

11Jan

Pension crisis hits families in Indiana and across the US

Did you know that several families in our community, state and across America, including mine, are facing the loss of our pensions in the very near future? A recent estimate is that 1 million plus pensioners that have “Multi Employer Pension Plans” are trying to survive this crisis. These pensions, for which we worked longer hours, increased productivity and gave up wages, should have been considered sacred and above all, guaranteed. Reflect for a moment about the stress on...

January 11, 2021
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11Jan

New Zealand. Private superannuation savings schemes ‘underperforming’

People in old-style workplace superannuation savings schemes are often getting lower returns from their investments than they would in KiwiSaver schemes, and it’s prompting some to call for change. Old-style workplace super savings schemes are increasingly revealing to savers how they are tracking compared to KiwiSaver funds, and it’s not flattering their performance. Schemes publish charts showing their funds’ performance compared to the median, or average, KiwiSaver fund in each fund category. There is big money tied up in...

January 11, 2021
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08Jan

China Pensions Outlook

By KPMG Welcome to KPMG’s fourth annual report tracking developments in China’s pension industry. China’s ageing demographics and the consequent challenges continued to draw attention during 2019 and triggered a number of fundamental changes. This report updates and builds on our research in China’s pension industry. In the report, we analyse why Pillar One will continue to be the most important and fastest- developing sector of the pension system in China. We also offer our view on what supporting...

January 8, 2021
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08Jan

Pensions Imperilled: The Political Economy of Private Pensions Provision in the UK

By Craig Berry Private pensions provision in the UK is in crisis, yet it is not the crisis often depicted in political and popular discourses. While population ageing has affected traditional pensions practice, the imperilment of UK pensions is due in fact to the peculiar way policy-makers have responded to wider social and economic change. Pensions are a mechanism for managing failed futures, yet this function is being impeded by the individualization of provision. This book offers a political economy...

January 8, 2021
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